The New Buffalo Hunt: Chasing the Service Sector

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Abstract
Expanding the service sector in rural and urban areas has become the new focus for strategies designed to promote local economic development. This study examines two issues related to this new Buffalo Hunt: (1) it critically assesses the quality of the service sector jobs available to rural workers, and (2) it compares the quality of these jobs with those found in the traditional manufacturing sector. Findings indicate that investments of capital and other resources by local communities to attract service sector jobs is appropriate, but first consideration should be given to the appropriate level of investment relative to the quality of jobs to be created. In addition, officials in small and rural localities need to understand that the development of jobs in the producer service sector has risks similar to those associated with those in manufacturing. Development of local businesses is one approach for reducing these risks.

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